The AI chip developer has raised series C-plus funding, two months after securing $100m in a China Electronics Corporation Data-led series C round.
Unisound, a China-based artificial intelligence (AI) technology developer backed by telecoms technology provider China Electronics Corporation Data, has raised $89m in a series C-plus round, China Money Network reported yesterday.
The round was led by China Internet Investment Fund, a vehicle backed by the country’s internet regulator, Cyberspace Administration of China and Ministry of Finance.
Investment bank China International Capital Corporation participated in the round through its Jiacheng Investment Management fund, while investment firm JIC invested through private equity unit…
